Purdue Opioid Deal's Naysayers, What's Next for John Bolton?, American Exec Gets 'Delisted': The Morning Minute
Here's the news you need to start your day.
September 12, 2019 at 06:00 AM
4 minute read
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WHAT WE'RE WATCHING
DEAL OR NO DEAL – A proposed settlement confirmed with Purdue Pharma on Wednesday involving thousands of lawsuits could provide some monetary assurances for cities and counties with pending opioid cases, in the likely event that the drug maker files for bankruptcy. But, as Amanda Bronstad reports, several state attorneys general are balking at the deal as inadequate.
AFTER TRUMP – What's next for John Bolton? Ryan Lovelace reports on the potential options for the former national security adviser, including returning to Fox News as a contributor, where he was making about $570,000 from 2017 through May 2018. Going back to Kirkland, where he worked as of counsel for a decade until 2018, may be in the offing, or perhaps he could reprise his role at the American Enterprise Institute, where he worked from 2007 to 2018 and reported racking up $240,000 over a less than two-year period spanning 2017 and 2018, on top of a wealth of speaking fees.
E-HIRE – As Walmart maneuvers to compete in the e-commerce marketplace, the retail giant has hired former Amazon lawyer and executive Nuala O'Connor to serve as its first chief counsel of digital citizenship. What's that, you ask? Phillip Bantz reports that O'Connor, who will work from the company's D.C. office, will focus on privacy issues, cybersecurity and records management, but also on the ethical use of technology, including artificial intelligence.
EDITOR'S PICKS
Supreme Court Won't Block Trump's New Asylum Rule, For Now
Uber's Top Lawyer Vows Fight as California Embraces Sweeping New Labor Rules
Former Illinois AG Lisa Madigan Joins Kirkland
Media Outlets Ask 2nd Circuit to Unseal Deutsche Bank Letter on Trump-Related Tax Returns
Baker McKenzie Launches Latin America Practice
Cannabis Technology Platform Makes Morrison & Foerster Lawyer First GC
First Person of Color Named Canadian Bar Association President
WHILE YOU WERE SLEEPING
GIGS – DAC Beachcroft is considering plans to launch a flexi-lawyer service, in what would be the latest such move by a top 50 U.K. law firm. Simon Lock reports that if the firm approves the change, it would bring aboard lawyers on a short-term contract basis to handle legal work. The idea, which forms part of the firm's broader innovation strategy, is under discussion among its management. In April, Linklaters launched its own contract lawyer platform, which allows the firm to take on lawyers on an interim basis to work on specific projects.
WHAT YOU SAID
"Dr. Gapontsev is not a Russian oligarch. He is a leader of American business and a renowned scientist. He never belonged on the oligarchs list."
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Who Got The Work
J. Brugh Lower of Gibbons has entered an appearance for industrial equipment supplier Devco Corporation in a pending trademark infringement lawsuit. The suit, accusing the defendant of selling knock-off Graco products, was filed Dec. 18 in New Jersey District Court by Rivkin Radler on behalf of Graco Inc. and Graco Minnesota. The case, assigned to U.S. District Judge Zahid N. Quraishi, is 3:24-cv-11294, Graco Inc. et al v. Devco Corporation.
Who Got The Work
Rebecca Maller-Stein and Kent A. Yalowitz of Arnold & Porter Kaye Scholer have entered their appearances for Hanaco Venture Capital and its executives, Lior Prosor and David Frankel, in a pending securities lawsuit. The action, filed on Dec. 24 in New York Southern District Court by Zell, Aron & Co. on behalf of Goldeneye Advisors, accuses the defendants of negligently and fraudulently managing the plaintiff's $1 million investment. The case, assigned to U.S. District Judge Vernon S. Broderick, is 1:24-cv-09918, Goldeneye Advisors, LLC v. Hanaco Venture Capital, Ltd. et al.
Who Got The Work
Attorneys from A&O Shearman has stepped in as defense counsel for Toronto-Dominion Bank and other defendants in a pending securities class action. The suit, filed Dec. 11 in New York Southern District Court by Bleichmar Fonti & Auld, accuses the defendants of concealing the bank's 'pervasive' deficiencies in regards to its compliance with the Bank Secrecy Act and the quality of its anti-money laundering controls. The case, assigned to U.S. District Judge Arun Subramanian, is 1:24-cv-09445, Gonzalez v. The Toronto-Dominion Bank et al.
Who Got The Work
Crown Castle International, a Pennsylvania company providing shared communications infrastructure, has turned to Luke D. Wolf of Gordon Rees Scully Mansukhani to fend off a pending breach-of-contract lawsuit. The court action, filed Nov. 25 in Michigan Eastern District Court by Hooper Hathaway PC on behalf of The Town Residences LLC, accuses Crown Castle of failing to transfer approximately $30,000 in utility payments from T-Mobile in breach of a roof-top lease and assignment agreement. The case, assigned to U.S. District Judge Susan K. Declercq, is 2:24-cv-13131, The Town Residences LLC v. T-Mobile US, Inc. et al.
Who Got The Work
Wilfred P. Coronato and Daniel M. Schwartz of McCarter & English have stepped in as defense counsel to Electrolux Home Products Inc. in a pending product liability lawsuit. The court action, filed Nov. 26 in New York Eastern District Court by Poulos Lopiccolo PC and Nagel Rice LLP on behalf of David Stern, alleges that the defendant's refrigerators’ drawers and shelving repeatedly break and fall apart within months after purchase. The case, assigned to U.S. District Judge Joan M. Azrack, is 2:24-cv-08204, Stern v. Electrolux Home Products, Inc.
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